PROPERTY CONDITION
ASSESSMENT (PCA)
A Property Condition Assessment (PCA) provides a systematic evaluation of a property’s physical condition to support acquisition, financing, ownership, and capital planning decisions. Our PCAs are performed by licensed architects and are aligned with the intent and structure of
ASTM E2018 – Standard Guide for Property Condition Assessments.
OUR APPROACH
Our approach focuses on identifying observed deficiencies, understanding potential near and long-term capital needs, and presenting findings in a clear, decision-oriented format that investors can rely on.
Why Choose our PCA Services?
Architect Led
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All our PCAs are led and reviewed by Illinois-licensed architects.
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This approach provides a higher level of technical judgement compared to a checklist-based inspection.
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We ensure building systems are evaluated with an understanding of:
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Design intent
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Construction methods
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Code considerations
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Long-term performance
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Clear Reporting
Our PCA reports are thorough, defensible, and easy to navigate. Findings are clearly described, supported by photo documentation, and organized to help investors quickly assess:
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Immediate concerns
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Short-term repair needs
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Long-term capital needs
We prioritize clarity and relevance while avoiding unnecessary technical complexity.
Local Expertise
As a local firm, we deliver:
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Deep knowledge of regional codes and compliance
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Insight into climate-related building issues
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Strong partnerships with trusted local vendors
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Lower costs through reduced travel
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Faster response times and on-site availability
Local knowledge that delivers results
PROJECT SCOPE
The scope of our Property Condition Assessments conform to the observational framework outlined in ASTM E2018 and include a visual evaluation of readily accessible components of major building systems, which may include:
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Structural frame and foundations (observed conditions)
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Building envelope, including façades, cladding, and exterior walls
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Roofing systems and drainage
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Windows, doors, and exterior openings
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Interior finishes and common areas
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Mechanical, electrical, and plumbing systems (visual, non-invasive)
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Site features related to building performance
The assessment provides narrative descriptions and recommendations based on observed conditions at the time of evaluation.
How Our PCA Reports Are Used
Our Property Condition Assessments are commonly
used to support:
Reports are structured to support professional review
and discussion with lenders, partners, and advisors.
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Property acquisition due diligence
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Financing and lender review
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Portfolio evaluation
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Capital improvement planning
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Long-term asset management
FREQUENTLY ASKED QUESTIONS
What is ASTM E2018? ASTM E2018 is the industry-standard guide for conducting Property Condition Assessments. It establishes a consistent framework for evaluating building systems, identifying physical deficiencies, and reporting findings for commercial real estate transactions.
Are your PCAs fully ASTM-compliant? Our assessments are aligned with the intent and structure of ASTM E2018. The exact scope is defined in advance to meet client, lender, or transaction-specific requirements.
How is a PCA different from a standard inspection? A PCA is broader and more analytical than a standard inspection. It focuses on building systems, long-term performance, and capital planning rather than individual code or cosmetic issues. Our PCAs are led by licensed architects and designed for investment and due diligence purposes.
Who performs the assessment? All Property Condition Assessments are performed and reviewed by licensed architects, supported by experienced inspection staff as needed.
How long does a PCA take? The timeline varies based on building size and complexity. Most assessments are completed within 1–3 weeks, including site visit and report delivery.
Will the report include cost estimates? Order-of-magnitude cost considerations can be included upon request. These are intended for planning and budgeting purposes and are not contractor bids.
Is the assessment invasive? No. PCAs are non-invasive and based on visual observation of readily accessible areas, consistent with ASTM E2018 guidelines.
Can the PCA be tailored for a specific transaction? Yes. Scope can be adjusted to address lender requirements, investor priorities, or specific building concerns.
Questions about our
Property Condition Assessments?
